Digital Currency News

Fidelity Investments is one of the world’s largest multinational financial services companies, managing over $2 trillion USD in assets for its clients. When confronted with new technology, large institutions often have a difficult time adapting to new business landscapes. This is not the case with Fidelity and cryptocurrency. The investment firm spent significant resources early…

In an announcement on October 18, the Securities and Exchange Commission (SEC) revealed that it would be opening a fintech-centric office with blockchain as a primary focus, reports CryptoSlate. The new Strategic Hub for Innovation and Financial Technology, or simply “FinHub“, comes with its own streamlined website, which besides blockchain also covers automated investment advice…

One of the biggest money managers will soon launch its crypto branch aimed primarily at institutional investors, reports Forbes. With over $7.2 trillion in managed assets and 13,000 professional clients, Fidelity Investments ranks as the fifth-largest financial advisory in the world. Their unveiling of Fidelity Digital Assets, set to go live in early 2019, marks…

The entrance of institutional investors into the crypto space is a much-awaited occurrence. The move is seen as something that will further legitimize the market and affirm that large, non-individual investors are willing to place their faith in the newly-minted asset. Yet, as CryptoSlate points out, institutional investors may have already arrived. Bitcoin and other…

Women are currently underrepresented in the blockchain and cryptocurrency space. But this trend may be changing. Furthermore, many women have already made significant contributions to blockchain innovation. BitIRA has put together a guide, “Women in Cryptocurrency and Blockchain“, that describes the challenges faced today, progress that has already been made, and recommendations for how female…

Almost every month, a major cryptocurrency theft makes headlines. In January 2018, for instance, hackers stole $534 million worth of digital coins from the crypto exchange Coincheck. Nevertheless, the crypto market grows and develops unabated. These conditions make the space a natural environment for insurance companies to offer their services. Several large insurance companies have…

This week’s interview is with Samuel Suh, CMO at Archon Technologies and Founder of the Blockchain Community Foundation. The BCF’s mission is to educate the public about blockchain and cryptocurrency, advise other non-profits about cryptocurrencies, and raise funds for unique projects in the blockchain ecosystem. Suh was skeptical about cryptocurrency at first, but read his…

Ripple has teamed up with several notable crypto startups in an attempt to broker greater support for cryptocurrencies among U.S. lawmakers, reports Cointelegraph. The San Francisco-based group, called Securing America’s Internet of Value Coalition, will look to achieve this by raising the issue with different government bodies and agencies, including Congress, the Securities and Exchange…

D Pike is a founder of Coin Vigilance, which is an online magazine with cryptocurrency news, reviews, and guides. He has witnessed the downsides of a government-run fiat monetary system and sees blockchain technology as a very promising alternative. BitIRA: How long have you been involved in crypto? What sparked your interest? D Pike: I…

A news digest of what happened in the crypto world this past month, September 2018: Institutional Adoption Major financial institutions are actively entering the cryptocurrency space. Morgan Stanley has been preparing to offer bitcoin derivative trading for its clients, Fidelity is working on releasing new crypto products by the end of the year, and JPMorgan…

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